Nonprofit executives spend a great deal of time thinking about how to get people to give: donors, sustainers, major gifts. But what about your board? Is it hard to get them to give? And does it really matter if they’re visibly philanthropic?
Most nonprofit organizations try to secure funding to sustain their mission-driven work. This can look like donations, grants, donor-advised funds, or any other source of dollars. In each of these cases, an individual or a team is evaluating your nonprofit to ensure it’s a worthwhile recipient of funds.
And while there are many facets of a nonprofit that will be examined, one critical marker is board giving. In this article, we will explain why board giving is important, what different funders will look for in board engagement, and red flags for funders. Next, we will call on Maryellen Gleason, who serves as an interim CEO for nonprofits stalled in revenue generation. She will share how you can kickstart your board’s giving!
When nonprofit board members financially support your organization, they communicate important points to would-be funders. They demonstrate commitment to your mission and prove they’ll invest personally to support your efforts. It’s essential for several reasons:
Nonprofit board giving communicates all the right messages to your team, donors, and funders.
Once your board is on board with the idea, what are the key factors prospective funders might evaluate? Understanding these factors can help ensure your board’s giving is optimized for grants or other funding.
In general, would-be funders will evaluate many factors to assess nonprofits' health, engagement, and effectiveness. Having an active board is critical.
If we turn these around, you have a pretty good idea of what constitutes a red flag. If only a handful of board members make small and infrequent contributions, it’s likely to reflect negatively on your nonprofit.
Similarly, a lack of diversity in general doesn’t inspire confidence. Funders value diversity, whether it’s of thoughts and perspectives, expertise, spheres of influence and networks, and resources. Even a lack of demographic diversity can raise some eyebrows.
When it comes to kickstarting boards, no one has a bigger foot than Maryellen Gleason! She partners with nonprofits that require extraordinary fundraising outcomes, often jumping in and serving as an interim CEO. In this role, one of the first things she does is look closely at the board to ensure it’s positioning the team and the organization for success. She’s even a top-rated UCLA Extension instructor teaching a “Working with Boards” class for nonprofits! If your nonprofit needs a little boardroom coaching, reach out to Maryellen.
While she might be willing to privately share five very unusual stories about board chairs (funny but not publishable in this article!), we asked her to publicly share five proven strategies for kickstarting your board into philanthropic action.
Leveraging her extensive experience, she offers this list of five things to ensure deeper engagement, leading to 100% board giving and increased board engagement overall.
Treating the board respectfully fosters a positive and collaborative environment, increasing trust, engagement, and commitment. This, in turn, enhances the board's willingness to support the organization financially and advocate for its mission.
From strategy and direction to being your nonprofit’s biggest advocates and cheerleaders, your board is an important ally as your team works to impact your mission. Keeping the lines of communication open and priorities, including giving, top of mind will ensure your organization is set for success.
Ultimately, building a robust board-giving program will require individual willingness to invest and a commitment from your team for ongoing communication and education. When you’re all on the same page and working toward the same goal, everyone will be working toward your nonprofit’s success and sustainability.